Eagle Point Income Co Inc Series A Pfd美股招股说明书(2025-04-11版)

EAGLE POINT INCOME COMPANY INC. $250,000,000 of Common StockUp to 2,000,000 Shares of 7.75% SeriesB Term Preferred Stock due 2028Liquidation Preference $25 per shareUp to 2,000,000 Shares of 8.00% SeriesC Term Preferred Stock due 2029Liquidation Preference $25 per share We are an externally managed, diversified closed-end management investment company that has registered as an investmentcompany under the Investment Company Act of 1940, as amended, or the “1940 Act.” Our primary investment objective is togenerate high current income, with a secondary objective to generate capital appreciation. We seek to achieve our investmentobjectives by investing primarily in junior debt tranches of collateralized loan obligations, or “CLOs,” that are collateralized by aportfolio consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlyingborrowers across various industry sectors. We focus on CLO debt tranches rated “BB” (e.g., BB+, BB or BB-, or their equivalent)by Moody’s Investors Service,Inc., or “Moody’s,” S&P Global Ratings, or “S&P,” or Fitch Ratings,Inc., or “Fitch,” and/or otherapplicable nationally recognized statistical rating organizations. We refer to such debt tranches in this prospectus supplement as“BB-Rated CLO Debt.” We may also invest in other junior debt tranches of CLOs, senior debt tranches of CLOs, loanaccumulation facilities, or “LAFs,” and other related securities and instruments, including synthetic investments, such as significantrisk transfer securities and credit risk transfer securities issued by banks or other financial institutions. In addition, we may investup to 35% of our total assets (at the time of investment) in CLO equity securities. We expect our investments in CLO equitysecurities to primarily reflect minority ownership positions. CLO junior debt and equity securities are highly leveraged, andtherefore the CLO securities in which we intend to invest are subject to a higher degree of loss since the use of leverage magnifieslosses. See“Risk Factors — Risks Related to Our Investments — We may leverage our portfolio, which would magnify thepotential for gain or loss on amounts invested and will increase the risk of investing in us”in the accompanying prospectus. Wemay also invest in other securities and instruments that our investment adviser believes are consistent with our investmentobjectives. The CLO securities in which we primarily seek to invest are rated below investment grade or, in the case of CLO equitysecurities, are unrated and are considered speculative with respect to timely payment of interest and repayment of principal. Belowinvestment grade and unrated securities are also sometimes referred to as “junk” securities. Eagle Point Income Management LLC, or “Eagle Point Income Management” or the “Adviser,” our investment adviser,manages our investments subject to the supervision of our board of directors. An affiliate of the Adviser, Eagle Point CreditManagement LLC, or “Eagle Point Credit Management,” provides investment professionals and other resources to the Adviser asthe Adviser may determine to be reasonably necessary to conduct its operations. As of December31, 2024, the Adviser, collectivelywith certain affiliates, had over $12billion of assets under management, including capital commitments that were undrawn as ofsuch date. Eagle Point Administration LLC, an affiliate of the Adviser, or the “Administrator,” serves as our administrator. We are offering up to $250,000,000 aggregate offering price of our common stock, up to 2,000,000 shares of our 7.75%SeriesB Term Preferred Stock due 2028, or the “SeriesB Term Preferred Stock,” with an aggregate liquidation preference of$50,000,000 and 2,000,000 shares of our 8.00% SeriesC Term Preferred Stock due 2029, or the “SeriesC Term Preferred Stock,”and, together with the SeriesA Term Preferred Stock (as defined below), the SeriesB Term Preferred Stock, and any additionalshares of preferred stock we may issue from time to time, the “Preferred Stock,” with an aggregate liquidation preference of$50,000,000 pursuant to this prospectus supplement and the accompanying prospectus. We have entered into an At Market Issuance Dealer Manager Agreement, or the “Dealer Manager Agreement,” dated April 11,2025, with Eagle Point Securities LLC, an affiliate of the Adviser, whom we refer to as the “Dealer Manager.” Pursuant to theDealer Manager Agreement, we may offer and sell shares of our common stock and Preferred Stock from time to time through theDealer Manager (including through any sub-placement agent). The Dealer Manager may enter into sub-placement agentagreements with one or more selected dealers. The Dealer Manager has entered into an At Market Issuance Sub-PlacementAgreement, or the “Sub-Placement Agent Agreement,” dated April11, 2025, with B. Riley Securities,Inc. and Lucid CapitalMarkets, LLC, whom we refer to as the “Sub-Placement Agents,” relating to the sale of shar